I agree, definitely a con, we have had a lot of those, I have had 3 offers, the last for $5 a share and the highest for $9.50 (although none since the SEC got involved).
They usually want you to register and sell the shares through them before they pay you. You pay the registration, commision fee etc at the price per share they have offered you.
So the higher their offer the more you pay them.
All covered by the price you will get when they pay you for your shares, of course.
So far nobody on this board have said they got paid for their shares after paying their fee’s, so the rest of us have saved our money and stayed out.
Still it got the old ticker going………
